Limbach Holdings, Inc. (NASDAQ:LMB) Q4 2023 Earnings Call Transcript

Jayme Brooks: Yes. Great point, Gerry. So, yes, our adjusted EBITDA was the $46.8 million. And then we did have some nonrecurring events that we did talk about and disclose where we had the claim recovery in California, that we had an upside from that of $1.2 million. And then we also had some projects and some other upsides that we took that would be nonrecurring as well. And that was about another $1.2 million in Q3. And then we also had about $500,000. So in total, if you look at that, then the adjusted EBITDA really is closer to like $43.9 million if you take out those one-time events.

Gerry Sweeney: Got it. Super helpful. That saves me a few minutes, so I appreciate it. I’ll jump back in the queue. Thanks.

Mike McCann: Thank you.

Operator: Thank you. There are no further questions at this time. I’d like to turn the floor back over to Michael McCann for closing comments.

Mike McCann: Thank you all for your continued interest in Limbach. We look forward to seeing many of you at the ROTH Conference next week. If you have any additional questions, please reach out to Julie Kegley at Financial Profiles. Thank you, and have a great day.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.